Art market

Podcastspodcast

The great museum sell-off: should public collections deaccession to survive Covid-19?

Plus, the artist Jennifer Packer on a Buddhist mural in the Metropolitan Museum of Art in New York

Hosted by Ben Luke and Margaret Carrigan. with guest speaker Georgina Adam. Produced by Julia Michalska, David Clack and Aimee Dawson

The Royal Opera House's David Hockney painting sells for £12.8m at Christie's amid deaccessioning debate

The auction house's four-part £90.2m "20th Century: London to Paris" sale saw small bursts of energy for quality lots in the wake of Frieze and Fiac's cancellations

Marian Goodman to close London gallery

The New York-based art dealer will instead launch a project initiative in the city, with no permanent space, starting next autumn

Revealed: sellers of £7.6m Banksy were London collectors who provided venue for artist's 2005 Crude Oils exhibition

As part of the deal, Roland and Jane Cowan acquired the faux Impressionist canvas from the artist—it sold last night at Sotheby's

Miami Beach launches residency programme to help artists and businesses in lieu of Art Basel tourism revenue

The initiative encourages property owners to lend their vacant spaces for free and offers $2,500 stipends to artists—but they may still need to pay rent

A flood of art? The market issues around museum deaccessioning

A flurry of museum pieces is heading to auction, but will there be enough buyers for them?

Sotheby's to offer monumental Giacometti bronze in rare 'sealed bid' sale with a minimum bid of $90m

Last sold at auction for $4.9m, offers on the work will be reviewed ahead of the auction house's contemporary and Impressionist and Modern art evening sales on 28 October in New York

Asia Now fair swoops up would-be Fiac exhibitors

Paris fair makes up for lack of Asia-based exhibitors with some blue chip galleries who were meant to be participating at the larger, cancelled fair

Phillips London sets new records for Emily Mae Smith and Portia Zvavahera in £26.3m contemporary evening sale

While the top lot of the night—a fiery self-portrait by George Baselitz—struggled to meet its low estimate, a bidding war broke out over Dana Schutz's painting of a bright orange Trump

ArtRio forges ahead, making it the first major event to take place in Brazil since the pandemic began

Marking the fair's tenth anniversary, a live event with limited ticketing for collectors continues even as Covid-19 cases climb

American artanalysis

'Comatose' pre-war American art market gets a digital jolt

Forced online due to Covid-19, this year's American Art Fair boasts more exhibitors as auction houses see new records set for late 19th century works

Coveted Van Gogh bouquet to be sold at Sotheby's New York, valued at $18m

Chequered past: from the Bear Skin to the Nazis, a once-restituted painting is now coming up for auction

a blog by Martin Bailey

Fancy a free Takashi Murakami work? Perrotin gallery launches art treasure hunt in Paris

French gallery is hiding 20 valuable works in the empty nave of the Grand Palais—and the public have 48 hours to find them and take them home

From flat white to white cube: Lévy Gorvy opens gallery in former Pret a Manger in Mayfair

Firm now plans to extend its lease after Long Museum buys huge Tu Hongtao painting on show in the new space

Instagram turns ten: how the world's favourite photo app disrupted the art market

Dubbed "the world's new big art dealer" the platform is often used to spark interest in sales and helps artists and galleries to grow international brands

Art theftanalysis

Steal and repeat: why art gets stolen time and again

When works of art are taken multiple times, it is often more about criminal prestige or bargaining chips for reducing prison sentences

Christie's sale in collaboration with cancelled La Biennale Paris fair flops

Online auction of art and antiques that would have been exhibited at Parisian fair achieves €1.5m with 21 of 91 lots sold

Houston politician's mysterious collection of African artefacts raises alarm bells

Hundreds of pieces of African art are being stored in a publicly funded warehouse by the Harris County commissioner Rodney Ellis with little explanation of their background

Booksreview

From how insurance pay outs work to when to get your art appraised: a must have how-to book for collectors

This updated art market manual by Mary Rozell merits a place on any bookshelf

Miami Design District aims to fill in the fair gap with winter arts event

The Design Miami fair will return to the Moore Building, and other galleries that regularly show in Art Basel will be given temporary spaces

Podcastspodcast

Frieze: the show goes on. Plus, Theaster Gates

It’s Frieze Week in London, yet there’s no big art fair at its heart. Can galleries create the usual excitement—and is anyone still buying?

Hosted by Ben Luke and Linda Yablonsky. with guest speakers Louisa Buck and Melanie Gerlis. Produced by Julia Michalska, David Clack and Aimee Dawson
Art fairsanalysis

'If you're coming to buy, you have two hours to do it': what it's like at London's real-life 1-54 Contemporary African Art Fair

In the absence of the major fairs and auctions, Modern and contemporary African art is in the spotlight in London this week

Art marketinterview

'The art world had become extremely aggressive': Rachel Lehmann on a return to localism and intimacy in the art market

As Lehmann Maupin opens at London's Cromwell Place, its co-founder speaks about systemic change—and addresses recent allegations against the gallery

Art marketgallery

In pictures: lost world barely touched by industrial revolution captured in first photographs of Sussex

Album by Thomas Honywood, pioneer of photography in England, will be auctioned on 28 October

Deutsche Bank to auction Kandinsky and Schiele works from collection

Three works are to be sold at Christie’s in Paris this month; further sales to follow

Art marketanalysis

A Covid success story: how the London Original Print Fair helped its 68 dealers keep selling

London’s longest-running art fair survives virus by going fully online and diversifying

Tefaf Maastricht shifts back from March to May as Covid-19 disruption extends into 2021

The 34th edition of the Dutch art fair will run from 31 May to 6 June, two days shorter than normal, while the fate of Tefaf New York Spring hangs in the balance

Stolen Mao Zedong scroll worth $300m found cut in half after being resold for $65

Hong Kong police have arrested three men in relation to a $645m heist that included calligraphy by the Communist leader and other revolutionary art and ephemera

Gerhard Richter painting becomes most expensive western work ever sold at auction in Asia

The $29.2m painting sold at Sotheby's last night in a live-streamed contemporary art sale that took place in Hong Kong as Christie's held its marquee sale in New York

The Art Newspaper Live returns! Registration now open for 'New models for new times: Rethinking the art market in a changing world'

Join industry thought leaders like Sunny Rahbar, Ayo Adeyinka and Clare McAndrew in conversation with our art market experts in a three-part series of events beginning 8 October. Presented in partnership with Cromwell Place